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Oil & Gas
BP “gross negligence” and lessons for Nigeria’s…
A US federal district court judge has ruled that the Macondo blowout, which killed 11 workers, and spilled millions…
China’s oil imports surge by 17.5 percent
China, the world’s top oil importer, saw its crude oil imports recovered in August to 25.19 million metric tonnes…
Pipeline security in Nigeria: drones to the rescue?
As Nigeria, with a total estimated GDP of $522.4 billion at purchasing power parity, seeks to diversify its…
Russia ready to renew gas talks with Kiev
Russia said it was ready to renew gas talks with Kiev, but only if it paid its debts, in a possible offer of…
Brent stay below $102
Brent crude retained its overnight losses and stayed below $102 a barrel heading for its third weekly drop although…
Leviathan in talks with Jordan over $15 billion gas…
Israel is in advanced negotiations to supply natural gas from its vast Leviathan field to Arab peace partner Jordan…
UAE to provide Egypt $9 billion in oil products
Egypt’s oil ministry said the United Arab Emirates would provide “about $9 billion” worth of petroleum products to…
Government explores new strategy to seize tanker off…
Iraq’s Oil Ministry has asked a US judge for permission to change its legal arguments in a bid to seize $100…
Delayed Ghana Gas project to start production end-2014
Ghana’s delayed project to supply gas from its offshore Jubilee oil field will start production by the end of the…
Whither Africa’s LNG projects amid looming glut?
As African countries are stepping up drive to bring their liquefied natural gas (LNG) projects on stream, growing…
Chevron’s Escravos GTL project finally gets off ground
The long-delayed gas-to-liquids (GTL) plant operated by Chevron Nigeria has finally achieved first production but…
Nigeria banks’ increasing role in oil, gas financing
Early this year, ExxonMobil Nigeria launched a financial scheme amounting to $8.6 billion, aimed at increasing the…